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James Fallows@jfallows.bsky.social |
Unemployment rate: —May 2020: 13.2% —May 2024: 3.9% S&P closing level: —May 15, 2020: 2,864 —May 15, 2024: 5,308. [Stock market ≠ the economy, but still. ] Weekly COVID deaths: —May 2020: 6,900 —May 2024: 294 "Are you better off than you were four years ago?"
22 replies 139 reposts 384 likes
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Nathaniel Downes
@downix.bsky.social
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All required reporting elfor Covid ended May 1st, so that number is highly unreliable.
0 replies 0 reposts 2 likes
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Raymond Gibson
@raymondgibson.bsky.social
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Feelings don’t care about facts.
0 replies 0 reposts 0 likes
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Jackal Gleason
@jackal-thought.bsky.social
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Not really
0 replies 0 reposts 0 likes
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Emerald Lavigne, subsumed by despair
@leftoidsadhu.bsky.social
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Yet I actually am not because numbers don't equate to the material conditions of people's lives. I'm not counted in the unemployment because I couldn't get UI & cuz I've stopped looking because I can't work anymore It's moldy fascist oranges to apples left to rot on the vine. Both suck differently
1 replies 0 reposts 7 likes
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Tim C Field
@timcfield.bsky.social
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Republicans have conceded that things are better than they were four years ago, and have taken to asking “are you better off than you were 5 years ago?”
0 replies 0 reposts 4 likes
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Sir Tonk
@sirtonk.bsky.social
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Not since all these companies have decided to arbitrarily double prices over the past four years and homes prices have tripled in ten years.
0 replies 0 reposts 2 likes
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Generic Poster
@genericposter.bsky.social
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Times Generic Poster wiped his ass with a coffee filter: -May 2020: 3 -May 2024: 0
0 replies 0 reposts 0 likes
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Anna
@sleeplessanna.bsky.social
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300 dying weekly from Covid is heartbreaking. Sadly 4 years on people dying as they refuse to be vaccinated. I remember telling an anti vaxxer 4 years ago that vax will give him a sore arm for 24 hours & a bruised ego. Promised him he will recover from both.
0 replies 0 reposts 0 likes
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Artemis
@artamisc.bsky.social
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This doesn’t highlight the genocide that is happening at our expense, literally. Also these numbers are just that, numbers, ppl are still overworked, underpaid, have no time to themselves, are living paycheck to paycheck, homelessness, “greedflation”. You don’t need some oligarch to tell you.
0 replies 0 reposts 1 likes
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Tully Quinn
@tullyquinn.bsky.social
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Weird that I have to go back on food stamps because my employer can't find enough clients and just laid off 200 people
0 replies 0 reposts 1 likes
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OB Chargn
@obchargn.bsky.social
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Out of curiosity, how do those numbers compare to Jan 2020. Albeit this is a generous view, I feel like this is more aligned with people’s reference point
0 replies 0 reposts 0 likes
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João D
@joaobx.bsky.social
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The stock market is not the economy but Trump always treated it as if it was, so it looks legit to rub it in his face.
0 replies 0 reposts 7 likes
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Truth Axe
@truthaxe.bsky.social
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90+% of Americans are and will be better off economically under Biden. But that small percentage of Americans whose taxes will be significantly lower under a Trump administration are willing to screw over the majority of Americans and scrap democracy itself in search of those extra $$$. Sick.
0 replies 0 reposts 1 likes
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Vivalavoices
@vivalavoices.bsky.social
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Dow Jones was: 30, 606. 48 - April 2020 38, 239.98 - May 15, 2024 Looks like the rich are certainly doing better under Biden than they ever were Trump.
0 replies 0 reposts 2 likes
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Vivalavoices
@vivalavoices.bsky.social
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Apparently, some think 2020 high expense is preferable to far better. Note, they are spending more now than then; yet, whine?
0 replies 0 reposts 0 likes
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Torr Leonard 🧵
@torrleonard.bsky.social
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Voters want food to magically go back to 2019 prices though…
1 replies 0 reposts 0 likes
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supergauntlet
@supergauntlet.bsky.social
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Better example than the stock market is a market fundamental like real wages for the 25th percentile which is a lot weaker and doesn't totally take into account how much more expensive housing AND transportation are because they have consistently outran avg. inflation every single year
1 replies 0 reposts 1 likes
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Le Morte D'Arthur Treacher's
@millerlefty.bsky.social
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Yes, but Joe Biden is four years older than he was four years ago. I am a very smart pundit. Give me money.
0 replies 0 reposts 9 likes
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Canis Major
@huskydad01.bsky.social
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Yes my investment returns are through the roof. Had great healthcare during medical emergency.
0 replies 0 reposts 0 likes
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kth
@ktheintz.bsky.social
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Increases in equity prices don't always redound to the benefit of workers, but decreases are almost always bad news for them.
0 replies 0 reposts 2 likes
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Windy wisp
@windywisp.bsky.social
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Truth!
0 replies 0 reposts 1 likes